Specifically, Brennan & Clark, LLC decided to acquire Creditors Recovery Systems. The two companies decided to merge their operations to expand both companies’ reach in today’s essential collection service industry. Creditors Recovery Systems has earned respect in the industry during its three decades in business. In fact, it has received a number of recognitions and certifications from reputable organizations in the industry — for example, the Commercial Collection Agencies of America.
According to William Nellos, the President of Creditors Recovery Systems, the merger of the two companies is a move that will benefit both sides. The reason for the strategic move is that Brennan & Clark has technological programs and advances that will help to improve the service that Creditors Recovery Systems offers, Nellos said.
Meg Scotty, the Chief Executive Officer of Brennan & Clark, said she was excited about the merger, as it symbolizes a brand-new chapter for the collections industry leader. According to Scotty, the acquisition of Creditors Recovery Systems will bring Brennan & Clark into brand-new industries as well as new opportunities. For instance, Brennan & Clark will be able to learn more about the portfolios of clients in such industries as medical supplies, food service/equipment, and computer software.
According to both Scotty and Nellos, the two companies have philosophies and cultures that are highly compatible, and as a result, they are a wonderful fit. Nellos’s experience is expected to add tremendous value to Brennan & Clark, and so are Creditors Recovery Systems’ strong experience in support and negotiations.
Brennan & Clark got its start in 1980 as an agency that provides commercial collection services. Today, it is widely praised for leading the way in providing innovative services and creating professional standards. The company’s goal is to collect every penny that can be collected for clients through the combination of its technological advancements, process refinement, talent development, and deep thinking. In fact, its efforts have allowed it to collect one-fifth more than the average in the industry.
Brennan & Clark takes pride in helping clients facing large volumes of challenging commercial collections. Over the years, it has served as an established, genuine, and professional partner to many clients, with a unique focus on helping its clients to also preserve and even enhance their own client relationships. As a matter of fact, it has successfully trained its clients to effectively complete collections activities, thus enabling them to collect nearly 20% more money on average.
Creditors Recovery Systems has also developed a strong reputation for itself since it was founded around 25 years ago. It is a member of the Commercial Collection Agencies of America, which means that its clients are promised to receive the most personal and highest-quality service available across the collections landscape. Creditors Recovery Systems and Brennan & Clark, LLC look forward to taking their clients’ collections experiences to a new level in the months and years ahead.
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